And offsetting spending cuts provides no safety valve.

Otherwise, they risk offsetting the positive impact of investment enhancing reforms.

Depressing economic activity further through higher taxes and reduced government spending would cause offsetting reductions in tax revenue and offsetting increases in transfer payments to the unemployed.

The national debt has increased, with no offsetting asset placed on the government s balance sheet.

The zero emission and zero noise vehicles provide numerous benefits, especially when offsetting motorized trips.

That in itself may have a depressing effect on the economy, partly offsetting the monetary stimulus.

This implies a dramatic slowdown in investment and long term growth rates unless offsetting increases in productivity emerge.

Many in Russia view their country s dominance in this area as essential to offsetting imbalances in conventional weaponry.

While expenditure for both is rising rapidly, the offsetting revenues are coming from ever fewer people in employment.

French cost competitiveness also improved (by 20 ) in the last three decades, with higher productivity offsetting rapid wage growth.

With a lower capital stock, output would trend downward, reducing government revenues and substantially offsetting the direct gain from the tax.

With a lower capital stock, output would trend downward, reducing government revenues and substantially offsetting the direct gain from the tax.

Offsetting this trend will require increased immigration and greater female labor force participation neither of which will be easy to bring about.

All efforts to stimulate job creation or economic growth with easy money will merely boost price growth, offsetting any effect on unemployment.

Instead of complaining about its actions, emerging country policymakers should be devising strategies for offsetting the spillover effects on their own economies.

On April 1, household gas prices were quadrupled, taking them to half the market price, with offsetting compensation provided to the poor.

Nevertheless, there is some concern that growing inflationary expectations might result in rising long term interest rates, offsetting the benefits of the stimulus.

This has dispelled hopes that Asia economic activity could develop separately from that of the US, thereby offsetting European exporters losses in America.

Online commerce is offsetting some of the other weaker areas of the economy, and its full impact might actually be underreported in official statistics.

The national debt has increased, with no offsetting asset placed on the government s balance sheet. But one should not confuse corporate welfare with a Keynesian stimulus.

Most countries would feel only negative effects disruptions of trade, higher oil prices, withdrawals of international capital, cutbacks on investment plans without any offsetting direct stimulus.

From 2000 to 2007, the US ran a cumulative current account deficit of roughly 5.5 trillion, with nearly symmetrical offsetting increases in reserves in China and Japan.

Such offsetting tariffs would have to differ among products (being higher on more CO2 intensive products) and among countries (being higher for countries with low permit prices).

True, in the US, as in most existing federal states, the federal budget redistributes income across regions, thus offsetting at least part of the interregional differences in income.

For example, when the government borrows to buy land, it is treated as debt, but the offsetting transaction when it sells the land through a mortgage effectively goes unrecognized.

Perhaps of greatest concern, moreover, is that the public, especially in poor countries that cannot undertake offsetting measures, will come to distrust global integration, with multinationals viewed as Trojan horses.

A less intrusive approach to influencing food choices might be to institute a retail tax on all processed foods not just sugary drinks and an offsetting subsidy on non processed foods.

Although there is talk about offsetting these risks with macroprudential policies, no such policies exist in the US, except for the increased capital requirements that have been imposed on commercial banks.

Of course, such measures will be unpopular with labor and the right response here is to eliminate large taxes on wages so that money wages can rise without an offsetting decline in competitiveness.

The irony is that, while America s pursuit of a stronger defense relationship with India is aimed largely at offsetting an increasingly assertive China, US President Barack Obama has charted a neutral course in Sino Indian disputes.

The tax cut will put France's fiscal deficit over the 3 limit three years in a row at an estimated 4.5 of GDP for 2004 because it will not be financed by offsetting cuts in public expenditure.

When the permit prices become large enough to have a significant effect on CO2 emissions, there will be political pressure to introduce tariffs on imports that offset the advantage of countries with low permit prices. Such offsetting tariffs would have to differ among products (being higher on more CO2 intensive products) and among countries (being higher for countries with low permit prices).

The number of inefficient workers protected by these measures is offset by the number of efficient workers laid off by foreign multinationals responding to political pressures in their home country. Perhaps of greatest concern, moreover, is that the public, especially in poor countries that cannot undertake offsetting measures, will come to distrust global integration, with multinationals viewed as Trojan horses.

The Clean Development Mechanism of the Kyoto Protocol could channel 100 billion in funds from North to South for investment in carbon offsetting projects such as renewable energy schemes and tree planting. The Bali conference last year agreed to include avoided deforestation in tropical countries into a new climate regime, which could generate new employment opportunities in sustainable management, conservation, and tourism.